Welcome to 167 Water Street, nestled in Portsmouth's sought-after Water Street neighborhood where stunning water views and a short walk to the shoreline offer the quintessential coastal lifestyle. This classic 3-bedroom Cape is full of New England charm and potential, ready for your vision and personal updates to make it shine. The main home features hardwood floors, sun-filled spaces, and timeless character throughout. A detached accessory dwelling unit provides added flexibility for extended family, guests, or rental possibilities. Enjoy morning coffee with a view and relaxing evenings in the spacious yard. With a 1-car garage, generous off-street parking, and an unbeatable location close to beaches, restaurants, and all the East Bay has to offer, this is a rare opportunity to create your dream home by the water.